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Bitcoin Is Going to Hit $100,000 and Will Destroy Anyone Who Gets in Its Way: Max Keiser

In his recent show on ‘Russia Today’, the prominent Bitcoin supporter and TV host, Max Keiser, talked Bitcoin and discussed the recent PPP bailouts for businesses, saying that Bitcoin will now rise to $100,000 per coin and destroy anyone who gets in its way.

Max Keiser slams the PPP-receivers

Max Keiser has slammed these company heads, Joe Lubin and Erik Voorhees in particular, claiming that they are of weak character and mentioning that he also gave a seed investment to ShapeShift.

He rebuked the entrepreneurs for taking these loans from the Fed because when the bailouts had just started, Crypto Twitter was claiming that the printed cash was worthless.

As reported by U.Today, Max Keiser praised the principles and integrity of his ‘enemy’ on the Bitcoin field – Peter Schiff, who also bashed the PPP loans.

Comparing crypto companies in 2020 to banks in 2009

The reason Charles Hoskinson gave to Keiser when justifying IOHK taking the money was the fact that his rivals would get it anyway and he would have to take the PPP cash so as not to give them any chance at surpassing IOHK.

Max Keiser reminded the audience of the bailouts banks received back in the 2008-2009 crisis when the head of JP Morgan Jamie Dimon said that the Fed basically forced the bank to take the bailouts despite the bank not necessarily needing it.

The situation is repeating itself now, said Keiser, as renowned crypto companies are taking money from an organization they have basically been struggling against – the Fed and the US government – while they most likely do not need the money to support their payrolls.

Bitcoin to reach $100,000, ‘XRP is total garbage’

Bitcoin is going to rise to $100,000 and destroy altcoin projects in 2020-2021, Keiser stated.

I do not believe in such a sudden rise. But I agree that it's going to destroy altcoins, for a different reason though. Visa and Paypal establishing connections with BTC merchants now, and we're to use it as regular currency soon. That can't be said about altcoins. They will remain high-risk stock. If you want to buy BTC fast and with the lowest fees, I recommend this link

Very interesting.